Government Interventions vs. Market Based Solutions, assignment help
The theory of market economies emphasizes freedom ofchoice and limited government intervention. The classic argument for governmentintervention is market failure - the inability of the market economy to correctitself from a dysfunctional state (such as the Great Depression).Examine one case of significantgovernment intervention as it relates to your current industry of employment oran industry in which you are interested in working. US agriculture support programsLow income support programs (Food Stamps, Earned Income Tax Credit,Child Tax Credit, and Temporary Assistance to Needy Families)Medicaid, Children's Health Insurance Program, ObamacareLow income rent controls and housing vouchersGovernment promoting renewable energy sources, discouraging fossil fuel sourcesChose one case above only!Develop a 16-slide presentation including detailed speaker notes orvoiceover including the following:Describe the intervention and detail its history.Analyze the arguments for government intervention asopposed to arguments for market-based solutions.Examine who may be helped and who may be hurt by theselected government intervention.Examine externalities and/or unintended consequences ofsuch intervention.Determine the cost trend of the intervention programsince its implementation.Evaluate the success or failure of the intervention inachieving its objectives and develop conclusions.Defend the use of or discontinuation of the selectedintervention.Note: The use of tables and/or charts to display economic dataover the time period discussed is highly encouraged.Cite a minimum of three scholarly references.Format the assignment consistent with APA guidelines
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